Presented below is information for Sheridan Company for the month of January 2017.

Cost of goods sold		$204,300		Rent expense		$32,300
Freight-out		6,100		Sales discounts		8,900
Insurance expense		13,800		Sales returns and allowances		17,500
Salaries and wages expense		62,000		Sales revenue		397,500
Income tax expense		5,500		Other comprehensive income (net of $400 tax)		2,000